The market price of titanium dioxide and titanium sponge remained high

- May 07, 2018-

The market price of titanium dioxide and titanium sponge remained high, which also provided strong support for the firmness of titanium concentrate prices. According to estimates by relevant agencies, the gross profit rate of titanium concentrates is as high as 70%. However, titanium titanium processing companies downstream of titanium sponge have not been so fortunate. The price of titanium sponge is not easy to "micro-climb" to 70,000 yuan / ton, and the results have been back to the market price of 65,000 yuan / ton, so that titanium sponge company Depressingly, while the price of titanium sponge was lowered, the price of magnesium ingots was still rising. In the second half of last year, domestic magnesium prices began to rebound sharply, with a monthly increase of about 500 yuan/ton.